MEXC Complete Guide 2026: Registration, Trading, Fees & Everything You Need to Know

What is MEXC? The Zero-Fee Crypto Exchange

MEXC is a major centralized cryptocurrency exchange (CEX) founded in Singapore in 2018. As of January 2026, it holds the #2 spot trading market share globally (behind Binance) with over 40 million users across 170+ countries.

What sets MEXC apart is its industry-leading zero fee spot trading policy. Since December 2025, all spot trading pairs have been completely free (0% maker and taker fees), saving users billions in trading costs annually.

Key Metrics (January 2026):

• Users: 40M+ active traders
• Global Ranking: #2 in spot trading (11% market share)
• Listed Coins: 2,017+ cryptocurrencies
• Spot Trading Pairs: 2,448+ pairs
• Futures Pairs: 1,500+ (industry's most)
• Max Leverage: Up to 500x
• Funding Interval: Every 8 hours (00:00, 08:00, 16:00 UTC)
• Spot Fees: Maker 0% / Taker 0%
• Futures Fees: Maker 0% / Taker 0.02%
• KYC: Optional for basic trading

Key Specifications

Platform Type: Centralized Exchange (CEX)

Headquarters: Seychelles (founded in Singapore)

Trading Options: Spot, USDT-M Futures, USDC-M Futures, Coin-M Futures

Maximum Leverage: 500x (highest in the industry)

Deposit Methods: Crypto only (USDT, USDC, BTC, ETH, etc.)

KYC Levels: None (10 BTC/day), Primary (80 BTC/day), Advanced (200 BTC/day)

Supported Languages: English, Japanese, Korean, Vietnamese, Chinese, and more

MEXC's Competitive Advantages

MEXC stands out in several key areas that make it attractive for traders seeking low costs and diverse trading options.

Zero Fee Spot Trading:

Since December 2025, MEXC offers 0% maker and 0% taker fees on all 2,448+ spot trading pairs. This is a significant advantage over competitors who typically charge 0.1% per trade.

Largest Coin Selection:

With 2,017+ listed cryptocurrencies, MEXC offers the widest selection in the industry. New projects are often listed on MEXC weeks or months before appearing on other major exchanges.

500x Leverage:

MEXC offers the industry's highest leverage at 500x, compared to 125x on Binance and Bybit. This allows for extreme capital efficiency (though with proportionally higher risk).

MX Token Benefits:

• 20% fee discount (50% with 500+ MX)
• Access to Kickstarter & Launchpad events
• Governance voting rights
• Quarterly token burns (deflationary)

Fee Structure

Spot Trading (All 2,448 Pairs):

• Maker Fee: 0%
• Taker Fee: 0%
• VIP Requirements: None (free for all users)

Futures Trading (All 1,500+ Pairs):

• Maker Fee: 0%
• Taker Fee: 0.02%

Fee Comparison vs Competitors:

How to Register

Step 1: Create Account

1. Visit MEXC Official Site
2. Click "Sign Up"
3. Enter email or phone number
4. Set password (8+ characters, alphanumeric)
5. Enter verification code

Step 2: Enable 2FA (Recommended)

1. Go to Account Settings → Security
2. Enable Google Authenticator
3. Scan QR code and enter 6-digit code

Step 3: KYC Verification (Optional)

How to Deposit

MEXC accepts crypto deposits only. Recommended deposit methods:

Recommended Networks:

Deposit Steps:

1. Go to "Assets" → "Deposit"
2. Select cryptocurrency (e.g., USDT)
3. Select correct network (must match sending network!)
4. Copy address and send funds
5. Wait for blockchain confirmations

Warning: Sending to wrong network may result in permanent loss of funds.

How to Trade

Spot Trading:

1. Go to "Trade" → "Spot"
2. Select trading pair (e.g., BTC/USDT)
3. Choose order type (Limit, Market, Stop-Limit)
4. Enter amount and confirm

Futures Trading:

1. Go to "Derivatives" → "USDT-M Futures"
2. Select trading pair (1,500+ available)
3. Set leverage (up to 500x)
4. Choose Cross or Isolated margin
5. Select Long or Short position
6. Enter amount and confirm

Funding Rate Schedule: Every 8 hours (00:00, 08:00, 16:00 UTC)

Check MEXC Live Funding Rates →

Important Risks & Warnings

Regulatory Issues (2023-2026)

MEXC has received warnings from multiple regulators:

• Canada: BC Securities Commission warning
• Austria/Germany: Unlicensed operation warnings
• Estonia: License revoked (November 2023)
• Hong Kong: SFC warning (March 2024)
• South Korea: App store removal order (April 2025)

Fund Freezing Reports

Multiple users reported account freezes in 2025-2026. Recommendations:

• Complete KYC verification proactively
• Don't keep all assets on MEXC
• Split large withdrawals into smaller amounts

Security Positives

• No major hacks in 2024-2026
• Hacken audit (May 2025): No critical vulnerabilities
• Proof of Reserves: 100%+ for major assets (USDT 115%, BTC 118%)
• $100M Guardian Fund for user protection

Comparison with Other Exchanges

Delta Neutral Strategy Use

MEXC is highly advantageous for delta neutral strategies:

• Zero spot fees minimize long-side costs
• Zero futures maker fees reduce short-side costs
• 1,500+ futures pairs offer the most arbitrage opportunities
• 8-hour funding provides standard settlement schedule

Recommended Approach:

Use MEXC for the widest pair selection, but diversify holdings across multiple exchanges to mitigate regulatory and operational risks.

Check MEXC Funding Rates →

Summary

MEXC offers the industry's best fee structure (zero spot fees) and widest coin selection (2,000+), making it attractive for cost-conscious traders. However, users should be aware of regulatory risks and fund freezing reports.

Best For:

• Traders seeking lowest possible fees
• Users wanting early access to new listings
• Altcoin traders needing diverse selection
• High-leverage traders (use with caution)

Caution Advised:

• Users in regulated jurisdictions
• Those prioritizing regulatory compliance
• Users who experienced freezing issues

Bottom Line: Unbeatable on fees and selection, but manage risk by diversifying across exchanges.

Start Trading on MEXC →